Tags » Banking Reform

Big Banks Face Another Round of U.S. Charges

By Ben Protess and Jessica Silver-Greenberg – With evidence mounting that a number of foreign and American banks colluded to alter the price of foreign currencies, the largest and least regulated financial market, prosecutors are aiming to file charges against at least one bank by the end of the year. 45 more words

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Your Debt, Our Nation's Headache

By Barry Ritholtz – Assets purchased with cheap and widely available credit become worth significantly less once the bubble bursts. But the debt remains.

All of that leverage used to purchase all of those assets — regardless of whether it’s subprime mortgages or dot-com stocks — sticks around. 63 more words

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Occupational Hazards of Working on Wall Street

By Michael Lewis – “I’m going to Goldman,” is still about as close as it gets in the real world to “I’m going to Harvard,” at least for the fiercely ambitious young person who is ambitious to do nothing in particular. 102 more words

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The Goldman Sachs Aluminum Conspiracy Lawsuit Is Over

By Matt Levine – Let me tell you about aluminum. Aluminum is a metal that is used to make beer cans, and also for some other things. 86 more words

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The End of "Too Big to Fail".

If the G20 gets its way this year – and it seems likely that it will – the world’s top banks will be forced to issue special bonds… 87 more words


Wrecking an Economy Means Never Having to Say You're Sorry

By Dean Starkman – The megabanks are finally feeling the hurt for the depredations of the mortgage era. That’s what the government, and some in the financial press, too, would have us believe. 104 more words

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